KULR Technology Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	20.59	29.83	1.19	10.33	14.86	8.88
Cash & Short-Term Investments	20.59	29.83	1.19	10.33	14.86	8.88
Cash Growth	2156.49%	2396.88%	-88.44%	-30.48%	67.38%	8057.62%
Accounts Receivable	3.45	2.65	0.9	1.54	0.14	0.06
Other Receivables	0.51	0.06	0	0.37	-	-
Receivables	3.96	2.71	0.9	1.91	0.14	0.06
Inventory	1.24	0.55	1.18	2.25	0.5	0.06
Prepaid Expenses	0.72	0.35	0.11	0.69	0.15	0.08
Other Current Assets	2.02	0.73	0.52	0.56	0.12	0.07
Total Current Assets	28.53	34.16	3.9	15.74	15.76	9.14
Property, Plant & Equipment	4.94	4.9	4.83	3.52	1.04	0.06
Other Intangible Assets	0.47	0.58	0.72	0.72	0.22	-
Long-Term Accounts Receivable	1.18	1.45	-	-	-	-
Long-Term Deferred Charges	0.31	0.16	0.07	0.07	-	-
Other Long-Term Assets	120.63	21.68	1.34	3.58	2.21	0.01
Total Assets	156.06	62.93	10.86	23.63	19.23	9.21
Accounts Payable	1.24	2.06	2.77	1.41	0.45	0.07
Accrued Expenses	1.27	1.11	3.17	2.1	1.08	0.36
Short-Term Debt	3.8	-	-	-	0.16	2.32
Current Portion of Long-Term Debt	-	0.52	-	5.66	-	0.01
Current Portion of Leases	0.42	0.5	0.1	0.22	0.26	-
Current Unearned Revenue	0.02	0.03	0.55	0.02	0.13	0.02
Other Current Liabilities	0.18	0.45	0.3	0.27	0.38	0.17
Total Current Liabilities	6.93	4.67	6.9	9.68	2.46	2.95
Long-Term Debt	-	0.01	6.14	3.2	-	0.14
Long-Term Leases	1.18	0.82	-	0.1	0.41	-
Other Long-Term Liabilities	-	-	0.01	0.16	-	-
Total Liabilities	8.11	5.5	13.05	13.13	2.87	3.09
Common Stock	0	0.03	0.01	0.01	0.01	0.01
Additional Paid-In Capital	249.8	141.51	64.39	53.37	39.51	17.36
Retained Earnings	-101.45	-83.81	-66.29	-42.59	-23.16	-11.25
Treasury Stock	-0.39	-0.3	-0.3	-0.3	-	-
Total Common Equity	147.96	57.43	-2.18	10.49	16.37	6.12
Shareholders' Equity	147.96	57.43	-2.18	10.49	16.37	6.12
Total Liabilities & Equity	156.06	62.93	10.86	23.63	19.23	9.21
Total Debt	5.39	1.85	6.24	9.17	0.83	2.48
Net Cash (Debt)	15.2	27.99	-5.05	1.16	14.04	6.4
Net Cash Growth	-	-	-	-91.74%	119.23%	5782.13%
Net Cash Per Share	0.43	1.20	-0.34	0.09	1.17	0.62
Filing Date Shares Outstanding	45.65	35.53	21.59	14.53	13.11	11.58
Total Common Shares Outstanding	42.61	33.08	16.74	14.13	13.1	11.24
Working Capital	21.6	29.5	-2.99	6.06	13.3	6.19
Book Value Per Share	3.47	1.74	-0.13	0.74	1.25	0.54
Tangible Book Value	147.49	56.85	-2.9	9.77	16.15	6.12
Tangible Book Value Per Share	3.46	1.72	-0.17	0.69	1.23	0.54
Machinery	-	4.46	4.25	1.63	0.14	0.1
Construction In Progress	-	0.75	0.41	1.43	-	-
Leasehold Improvements	-	2.14	2.04	0.35	0.34	0.01

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q